Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    137 S Rexford Dr Beverly Hills, CA 90212

    Sponsored
    Picture of Residential land & home lots at S Rexford Dr 137, Beverly Hills, CA
    For Sale
    $5,290,000

    MULTI_FAMILY - Beverly Hills, CA

    Property size:
    4,512 SF
    Lot size:
    0.14 Acres
    Days on Market:
    5
    Last Refresh:
    Mar 1 at 1:06 am

    Property Features for 137 S Rexford Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    BHR4*
    Rooms
    Bathroom 7, Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 5, Bedroom 8, Bathroom 3, Bedroom 2, Bathroom 5, Bathroom 6, Bedroom 7
    Bedrooms
    8
    Bathrooms
    7
    APN
    4331-013-026
    Parking
    4
    Size
    4,512 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1926
    Floors in Building
    2
    Number of units
    4

    We can help!

    Listing Contact
    Meran Solamany

    KELLER WILLIAMS BEVERLY HILLS REALTY (310) 432-6400

    Listing agent Meran Solamany (310) 432-6400 License #01301571

    Listing date Feb 25, 2026

    MLS# 26656265

    Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Beverly Hills Development Opportunity

    Located in Beverly Hills, this property presents an opportunity for visionary builders and developers to construct new luxury condominiums. The site, situated around the corner from the Mandarin Oriental Residences, currently hosts a 4-unit building on an approximately 6,000-square-foot lot (0.1393 acres). The property is approved for the construction of 11 or more luxury condominiums. The location in Beverly Hills is expected to attract affluent buyers and investors seeking exclusivity. Beverly Hills is known for its luxury real estate market, world-class shopping on Rodeo Drive, dining, and cultural landmarks. The existing building has a size of 4,512 square feet. The zoning is BHR4*.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Hair Salon Dental Office Food Market Nail Salon Real Estate Agency Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beverly Hills
    County
    Los Angeles
    State
    California
    Longitude
    -118.394104
    Latitude
    34.065857

    Nearby Similar for Sale

    • New
      $4,175,000
      5,615 SF

      Beverly Hills Multifamily Investment

      Six-unit income property in prime Beverly Hills location.
      272 S Doheny Dr, Beverly Hills, CA 90211
      View Details
    • $5,349,000
      6,668 SF

      Mid-Century Beverly Hills Apartment Building

      Six-unit apartment building in the heart of Beverly Hills.
      438 S Palm Dr, Beverly Hills, CA 90212
      View Details
    • $2,350,000
      Pending

      Beverly Hills Duplex Near Amenities

      Spanish-style duplex in prime Beverly Hills location near future Metro.
      138 N Swall Dr, Beverly Hills, CA 90211
      View Details
    • New
      $9,900,000
      Pending

      Multifamily Investment in Beverly Hills

      Multifamily property in prime Beverly Hills location with upside potential.
      240 S Doheny Dr, Beverly Hills, CA 90211
      View Details
    • New
      $3,639,000
      Pending

      Beverly Hills Fourplex with Vacancy

      Rare Beverly Hills fourplex with vacant unit and owner-user opportunity.
      144 S Spalding Dr, Beverly Hills, CA 90212
      View Details
    • $350,000

      Turnkey Restaurant in Beverly Hills

      Fully equipped restaurant for sale in Beverly Hills' Golden Triangle.
      474 N Beverly Dr, Beverly Hills, CA 90210
      View Details
    • Contact for pricing
      6,058 SF

      Beverly Hills Garden-Style Office

      Two-story office building in prime Beverly Hills location.
      9024 W Olympic Blvd, Beverly Hills, CA 90211
      View Details
    • Contact for pricing
      30,056 SF

      Beverly Hills Retail Asset

      Two-story retail building in Beverly Hills with lease-up potential.
      8950 W Olympic Blvd, Beverly Hills, CA 90211
      View Details
    • Contact for pricing

      Fully Leased Beverly Hills Office

      100% leased office building in Beverly Hills.
      8670 Wilshire Blvd, Beverly Hills, CA 90211
      View Details
    • $4,490,000

      Beverly Hills Specialty Property

      Specialty property available for sale in Beverly Hills.
      502 Smithwood Dr, Beverly Hills, CA 90212
      View Details
    • Contact for pricing
      37,276 SF

      Beverly Hills Retail Buildings

      Four retail buildings available for sale in Beverly Hills.
      S Beverly Dr, Beverly Hills, CA 90212
      View Details
    • $3,395,000

      Beverly Hills Commercial Property

      Commercial property for sale in Beverly Hills, California.
      9741 W Olympic Blvd, Beverly Hills, CA 90212
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Rare opportunity to build luxury condominiums in Beverly Hills.
    Where is this residential land & home lot located?
    The property is located at 137 S Rexford Dr Beverly Hills, CA.
    What is the asking price?
    The asking price for this property is $5,290,000.
    What are key features of this property?
    This property features: - Approved site for 11+ luxury condominiums in Beverly Hills.; - Prime location near the Mandarin Oriental Residences.; - High demand for luxury real estate in Beverly Hills.
    (310) 432-6400
    Request Owner's contact information
    137 S Rexford Dr Beverly Hills, CA 90212
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    137 S Rexford Dr
    Beverly Hills, CA 90212
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    137 S Rexford Dr Beverly Hills, CA 90212
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Meran Solamany
    Real Estate License ID: 01301571
    (310) 432-6400 (310) 666-7822
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!